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Daily deal net: January 16, 2020

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Jan 16, 2020

Joby ascends with $590m

The aerial electric taxi developer increased its overall funding to $720m in a series C round led by a $394m investment from Toyota.

Jan 16, 2020

Apple expends $200m on Xnor.ai acquisition

The edge computing technology developer has reportedly been purchased by Apple, three years after being spun out of AI2 to advance work by University of Washington's Ali Farhadi.

Jan 16, 2020

UPMC Enterprises to deploy $1bn

University of Pittsburgh Medical Center’s investment and innovation arm has allocated $1bn to drug development funding over the next four years.

Jan 16, 2020

Nicoya plays coy for $10m

UW spinout Nicoya has its sight set on product development and business expansion after a series A round featuring UW Student Venture Fund and Wilfrid Laurier University’s Startup Fund.

Jan 16, 2020

Apple expends $200m on Xnor.ai acquisition

The edge computing technology developer has reportedly been purchased by Apple after raising less than $15m from backers including NGP Capital.

Jan 16, 2020

Zinier fields investors for $90m series C

Zinier took its overall funding to $120m in a round that included returning investor Qualcomm Ventures, with the cash to go to international growth and product development.

Jan 16, 2020

Fubon Life finds $50m for Tiger Global

The insurance firm put up the capital for what looks set to be the 12th fund raised by investment firm Tiger Global Management, following a $3.8bn vehicle in 2018.

Jan 16, 2020

CareBridge takes the weight of $40m

GV was among the investors as long-term care support provider CareBridge emerged from stealth with $40m and two acquisitions.

Jan 16, 2020

KeyMe admits another $35m

Brentwood Associates led a round that will fund US expansion by the Comcast and 7-Eleven-backed digital locksmith along with an expansion of its services.

Jan 16, 2020
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